Together with Spain's Repsol, Total and OMV won a bid for the exploration of Han Asparuh block in July 2012.
In order to obtain data about the statistics-poor exploration area, OMV carried out the largest so far 3D seismic research for the entire Black Sea covering an area of 3,800 sq. km.
"The Black Sea is fairly underdeveloped compared to other oil and gas areas such as the Gulf of Mexico. In 2014 in the Black Sea there were just two rigs, seven deep water wells and about 200 in the shelf”, Walter Kosi explained, adding that OMV also used its experience with the successful Domino well in the Romanian block Neptun which is adjacent to Han Asparuh.
Balkans.com